Cheap Apartments for Rent near Island, KY from $515 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in Island.

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Shannon Glenn
Studio to 3 Bedroom Apartments

Shannon Glenn

280 Shamrock CtEvansville, IN 47715
  • Utilities Included

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Legacy Commons
1 to 2 Bedroom Apartments

Legacy Commons

630 Chuck Gray CtOwensboro, KY 42303
  • Utilities Included
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Andrea Court North
2 Bedroom Apartments

Andrea Court North

8955 Andrea CtNewburgh, IN 47630
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Island, KY Local Guide

Cheapest Available Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Island, KY is a 1 Bed unit found at Willow Run priced from $515. Sontra Evansville Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $655. Here is today’s list of the most affordable Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow RunThe Hampton1BR, 1BA$515
Sontra Evansville Apartments0BR/1.0BAStudio, 1BA$655
Embassy Apartments0.1Studio, 1BA$660
Graystone Henderson1 Bedroom1BR, 1BA$675
Heathmoore - Evansville1 Bed 1 Bath1BR, 1BA$715
MeadowoodStudio RenoStudio, 1BA$720
Marketplace Commons Apartments1 Bedroom1BR, 1BA$745
Abbey Court ApartmentsCambridge1BR, 1BA$749
Ambassador VillasAmbassador 1 BD1BR, 1BA$750
Keystone ApartmentsOne Bedroom1BR, 1BA$779

Best Value Apartments for Rent in Island, KY and Nearby

As of September 22, 2026 the best value apartment in the Island area is the $0.95 price per square foot 3 Bedroom 2 Bath Model at Royal Arms of Owensboro starting from $1,330. The second greatest value Island apartment is the 2BR/1.0BA Model at Ross Center Village in the Lincoln-Bellemeade neighborhood starting at $925 with a $0.80 price per square foot. Here is today’s list of the best values for Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Arms of Owensboro3 Bedroom 2 Bath3BR, 2BA$0.95
Ross Center Village2BR/1.0BA2BR, 1BA$0.80
Cottonwood2 Bed Duplex2BR, 1.5BA$1.05
Indian WoodsThe Oak2BR, 1BA$1.00
Andrea Court NorthAndrea Court North2BR, 1BA$1.08
Willow RunThe Sterling2BR, 1BA$0.92
Parkside Apartments2 Bedroom2BR, 1BA$1.03
Marketplace Commons Apartments1 Bedroom1BR, 1BA$0.94
Pavilion Lakes ApartmentsThe Michigan1BR, 1BA$1.11
Ambassador VillasAmbassador 1 BD1BR, 1BA$1.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Island Apartments

What is the Cheapest Studio apartment in Island?

Currently the most affordable Cheap Studio Apartment in Island is at Sontra Evansville Apartments listed at $655.

How much is rent for a Cheap One Bedroom Island Apartment?

The lowest price for a Cheap One Bedroom Island Apartment is $515 at Willow Run.

What is the lowest price for a Cheap Two Bedroom Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Island is starting from $795 at Willow Run.

What is the most affordable Island Three Bedroom Apartment?

The best deal on a cheap Island Three Bedroom Apartment rental is at Marketplace Commons Apartments and starts from $1,032.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.